The Tourism Authority of Thailand (TAT) expects a weak New Year period with just 8.04 billion baht in tourism revenue, due to concerns over the Covid-19 Omicron variant. “Concerns over a possible outbreak of the new Omicron variant have affected local tourists’ plans for the New Year holiday, but younger generations continue to travel as […]
Read MoreThe planned taxation on share sales may cost the Stock Exchange of Thailand (SET) the title of the most liquid stock market in Asean next year as it will greatly decrease the market’s competitiveness, said Paiboon Nalinthrangkurn, chairman of the Federation of Thai Capital Market Organizations (Fetco). The tax will raise both transaction costs for […]
Read MoreThe National Tax Research Center (NTRC) is further developing the functions of its existing online incentives application portal for investors to allow the electronic submission in the future of reports, the Department of Finance (DoF) said. The DoF said the NTRCm in a report to Finance Secretary Carlos Dominguez 3rd, disclosed the online portal — the Fiscal Incentives Registration […]
Read MoreCambodia’s total export volume in the first 11 months this year is about US $15,725 million, a decrease 0.12 percent when compared to the same period in 2020, said a press release from the Ministry of Commerce. But according to the Minister of Commerce Pan Sorasak, the Cambodian economic growth will remain positive and expected […]
Read MoreThe baht opened at 33.53 to the US dollar on Tuesday, strengthening from Monday’s closing rate of 33.57. The Thai currency is likely to move between 33.45 and 33.60 to the greenback during the day, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht is likely to fluctuate. He said the baht […]
Read MoreTourism operators are losing hope in both the New Year and Chinese New Year holidays as the Public Health Ministry forecasts a worst-case scenario of over 30,000 Omicron infections per day in the first quarter. “Whatever decision the government has to make to battle the new outbreak, we don’t have a choice but must strictly […]
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Thailand
